The move is seen as a strategy to reduce the company’s debt burden while encouraging noteholders to convert their holdings into equity. Noteholders have until February 24 to either redeem their securities at face value or opt for the conversion.
During an interview at the World Economic Forum in Davos, BlackRock CEO Larry Fink recently shared his views on Bitcoin’s role as a potential hedge against economic instability. Fink suggested
The initiative, led by OpenAI, SoftBank, and Oracle under the name "Stargate," is expected to create over 100,000 jobs and establish 20 data centers across the United States.
This development follows a December 2024 agreement with the IMF, where El Salvador pledged to curb its Bitcoin policies in exchange for a $1.4 billion loan.
International collaboration played a crucial role in identifying the perpetrators. A joint statement issued on January 14 by the United States, South Korea, and Japan attributed the heist to North Korean hackers associated with the Democratic People’s Republic of Korea (DPRK).
